Achievement places Greif in the top four percent of all companies assessed by EcoVadis
DELAWARE, Ohio, Feb. 3, 2022 /PRNewswire/ — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today it has been awarded a Gold Rating in sustainability performance by EcoVadis for the fourth year in a row. EcoVadis is a leading global sustainability rating agency specializing in the evaluation of Corporate Social Responsibility (CSR), including sustainable development and performance monitoring of suppliers.
“We are honored to once again receive a Gold Rating from EcoVadis for our sustainability initiatives,” said Ole Rosgaard, Greif’s President and Chief Executive Officer. “This recognition is a reflection of the hard work undertaken by the global Greif team and their commitment to creating positive and lasting social, economic and environmental impacts across the world. I congratulate and extend my sincere thanks for their dedication to excellence.”
Greif reports its corporate responsibility efforts and progress in accordance with the Global Reporting Initiative (GRI) standards: Core option, and the SASB Application Guidance and also fulfills the UN Global Compact (UNGC) annual Communication on Progress (COP). Greif also aligns its climate-related disclosures with recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). Please review Greif’s sustainability accomplishments in its 12th annual Sustainability Report.
EcoVadis, which evaluates more than 85,000 companies, uses a methodology that rates each company according to 21 CSR criteria, grouped under four themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. Its methodology and criteria used are in line with international CSR standards including the Global Reporting Initiative (GRI), UN Global Compact, and ISO 26000.